University of La Salette Inc.

Dubinan East Santiago City

Final Examination
Managing Information and Technology
Name: Guzman, Ma. Christine C.
Course/Year: BSAIS-3
Contact number: 09752637835

Part III. Essay: Write your answer in the space provided. Your answer must be based on your
interpretation of what you read in this module. (10 pts. Each)

1. What benefits can knowledge discovery systems provide to the organization?

Knowledge Discovery Systems support the process of developing new tacit or explicit
knowledge from data and information or from the synthesis of prior knowledge. Knowledge Discovery
Systems support two KM sub processes associated with knowledge discovery: combination, enabling
the discovery of new explicit knowledge. Benefits of knowledge management are:
 More efficient workplace
 Faster, better decision making
 Increased collaboration
 Building organizational knowledge
 Employee onboarding and training process is optimized
 Increased employee happiness and retention, due to the valuing of knowledge, training, and
innovation

2. How does the technology help implement its economic strategy?

In economics, it is widely accepted that technology is the key driver of economic growth of
countries, regions and cities. Technological progress allows for the more efficient production of more
and better goods and services, which is what prosperity depends on. For developing countries, access to
technology can have many benefits, one such improvement being the boost of a nation's economy. Other
ways that technology is helping economies in developing countries include reducing the costs of
production, encouraging the growth of new business and advancing communication. The adoption of
technology by developing countries has had profound effects on their economies, such as reducing the
national costs of production, establishing standards for quality, and allowing individuals to
communication from a distance.